Michael Larson - 04 May 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: Director
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael Larson
Issuer symbol: ECL
Transactions as of: 04 May 2023
Net transactions value: $0
Form type: 4
Filing time: 05 May 2023, 18:30:37 UTC
Previous filing: 17 Apr 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Quoteable Key Fact

"Michael Larson filed Form 4 for ECOLAB INC. (ECL) on 05 May 2023."

Quick Takeaways

This page summarizes Michael Larson's Form 4 filing for ECOLAB INC. (ECL).
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 05 May 2023, 18:30.

What Changed

Previous filing in this sequence was filed on 17 Apr 2023.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

ECL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,128
Date: 04 May 2023
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

ECL transaction Derivative

Non-Employee Director Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +1,410
Change %
Price: $0.000000
Shares after: 1,410
Date: 04 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,410
Exercise price: $172.21
Footnotes: F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full.

Content

The option will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full.